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BLOOMBERG Bloomberg Markets Asia July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 12, 2024

Board, again, trying to challenge the tesla hold on the market. Wm has a factory in shanghai. Lets check the markets. Risk off on the u. S. , falling 2 on wall street on the back of concerns about u. S. Jobless claims. The virus, above 4 million cases now in the United States. And as we said, concern that the economy in the u. S. Is in trouble. Screen, read on the broadly across the msci asiapacific, down. 6 . On the mainland would just talked about the proposed ipo by wm motors, small caps setting off more than 2 as we get for the end of the week. Ong kong looking attractive to investors, it ...

BLOOMBERG Bloomberg Markets Americas July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Americas July 12, 2024

Fivemonth high. I am calling it the by a celling rally, even the news situation earlier. We will break this all down, speaking with pgim economists nathan sheets and betsy graseck. We want to dig deeper now into this tech rally after amazon added more than a billion dollars in market caps. Abigail has more. Last week it was about it is done now, but that is not the case. Wasail co. Yesterday incredible. Year,s the story of the we will see the stayathome stocks drop, and yesterday that nasdaq 100 on fire up more than 25 , this relative to the s p just up 1 . This has so much to do with the weig...

CNBC Squawk Box July 12, 2024 - Vimarsana News

CNBC Squawk Box July 12, 2024

I got some sleep you didnt miss much this last week. Kind of Nothing Happened not really actually. What week so much happened. What week are we in its going to be 52 for 52 at the end of 2020 in terms of crazy weeks. Thats true. S p was almost closing at a high im faking now like you. Im not in new york city do you like my backdrop . What do you think of it . Thats what im saying. You look great you look great you look fabulous. Okay. Is this are you old enough to remember huntly and brinkley what are we . What are we trying to pass our self off as here what do you think . Chancellor and tv pe...

BLOOMBERG Bloomberg Markets Asia July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 12, 2024

Focus in china, the unraveling of the chinese stock rally. Seems like things have stabilized after we saw one of the worst selloffs since the gdp eight out of china. You see china targeting large caps, small caps and the latest is kwai chow moutai. Yesterday, climbing back with the stock. Record after we saw a spike in virus cases yesterday. Watching other things with indonesia markets opening up, focusing more on the Bank Indonesia rate cut, cutting rates for the second time as growth sputters, the stocks are up. 4 area strength in the rupiah. Up. 4 . Strength in the rupiah. Nifty, futures po...

BLOOMBERG Bloomberg Markets Asia July 12, 2024 - Vimarsana News

BLOOMBERG Bloomberg Markets Asia July 12, 2024

U. S. . Moving on to some currencies, dollar weakness is still a trend at play. We are seeing that play out for the offshore cnh strengthening at around seven. In terms of the yen, 106 is the crucial level for that. Higher option volatility. In terms of hong kong, we are focused on the newtek tech index as part of the conversation. Aussie dollar currently up. 3 . Dollar weakness very much part of the play there. Lets look at what is happening with gold. It has been on a tear, and we are getting close if not touching now record highs. Gold futures above those record 1944, close to 1 gfain gain ...